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Subject / Started by	Replies / Views	Last post
A basic installment loan is one in which there is no fixed number of payments. Started by berenicecastro	1 Replies 45 Views	Feb 26, 2020 by laurnthompson
Loans with a specific number of payments made on a regular basis are called installment loans. Started by AEWBW	1 Replies 60 Views	Feb 26, 2020 by steff9894
A mountain bike has a cash price of $560.00. Eric purchases the bike by making a down payment of ... Started by PhilipSeeMore	1 Replies 171 Views	Feb 26, 2020 by ttt030911
Find the installment price of a laptop computer bought on the installment plan with $105 down and 36 ... Started by madam-professor	1 Replies 89 Views	Feb 26, 2020 by xiazhe
Find the amount financed if a $60 down payment is made on a camera with a cash price of $230. Started by Collmarie	1 Replies 58 Views	Feb 26, 2020 by BAOCHAU2803
Find the amount financed on a TV with a cash price $420.00 and a down payment of $105.00. Started by AEWBW	1 Replies 59 Views	Feb 26, 2020 by flannelavenger
Find the installment price of a table bought on the installment plan with a down payment of $30 and6 ... Started by B	1 Replies 82 Views	Feb 26, 2020 by parker125
The number of days a bank holds a discounted note is called the: Started by s.tung	1 Replies 48 Views	Feb 26, 2020 by cam1229
When a business receives a promissory note as payment for goods or services and in turn sells the ... Started by vinney12	1 Replies 52 Views	Feb 26, 2020 by dellikani2015
After agreeing to be the payee for a promissory note as payment for the sale of goods, a business: Started by D2AR0N	1 Replies 90 Views	Feb 26, 2020 by alvinum
A holder of a $34,800, 9%, 120-day note dated June 3 decides to sell the note at a discount based on ... Started by stephzh	1 Replies 105 Views	Feb 26, 2020 by Alyson.hiatt@yahoo.com
Twin City Freezer accepts a note with face value of $5160 on June 4. The note is for 240 days at 7% ... Started by schs14	1 Replies 173 Views	Feb 26, 2020 by akemokai
On June 8, Donaldson's Trucking accepts a $3100 note in settlement of a bill. The note is for 210 ... Started by rl	1 Replies 138 Views	Feb 26, 2020 by kishoreddi
A holder of a $9000, 7%, 210-day note dated June 8 decides to sell the note at a discount based on ... Started by colton	1 Replies 129 Views	Feb 26, 2020 by mcabuhat
In a non-interest bearing note, the maturity value is the same as the: Started by roselinechinyere27m	1 Replies 73 Views	Feb 26, 2020 by sierrahalpin
In a non-interest-bearing note, the maturity value of the note is the same dollar amount as the face ... Started by storky111	1 Replies 260 Views	Feb 26, 2020 by whitcassie
When a business sells a note to a bank, the discount is calculated on the maturity value. Started by RODY.ELKHALIL	1 Replies 39 Views	Feb 26, 2020 by Kingjoffery
The discount period of a note is the number of days the bank holds the note until it matures. Started by rayancarla1	1 Replies 66 Views	Feb 26, 2020 by Benayers
If a business receives a promissory note as payment for the sale of goods and in turn sells the note ... Started by jon_i	1 Replies 82 Views	Feb 26, 2020 by heinisk01
Jeff Rakhnovich has a simple discount note for $35,000 at an ordinary bank discount rate of 7%, for ... Started by Pea0909berry	1 Replies 96 Views	Feb 26, 2020 by bigcheese9
If you borrow money from a bank and the bank collects its fee at the time the loan is made, the fee ... Started by scienceeasy	1 Replies 68 Views	Feb 26, 2020 by Gabe
A promissory note typically contains which of the following: Started by nmorano1	1 Replies 27 Views	Feb 26, 2020 by todom5090
In a simple discounted note, the face value and the maturity value are the same amount. Started by renzo156	1 Replies 64 Views	Feb 26, 2020 by maya.nigrin17@yahoo.com
The amount the maker of a discounted note receives is called the maturity value. Started by lracut11	1 Replies 52 Views	Feb 26, 2020 by Smiles0805
The face value of a promissory note is the amount due to be paid at maturity. Started by evelyn o bentley	1 Replies 77 Views	Feb 26, 2020 by dantucker

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